> A useful currency is one that measures wealth consistency, like a meter stick
Currency doesn't measure wealth consistently, and makes a terrible measuring stick. That is a great analogy to take literally - most of the developed world cuts 2% off our monetary measuring stick per annum as a matter of policy. or people who aren't unusually interested in maths and finance (ie, most people) that is highly confusing, because they set their expectations then think that somehow they are getting ahead if they get a 1-2% pay raise.
Currency doesn't measure wealth consistently, and makes a terrible measuring stick. That is a great analogy to take literally - most of the developed world cuts 2% off our monetary measuring stick per annum as a matter of policy. or people who aren't unusually interested in maths and finance (ie, most people) that is highly confusing, because they set their expectations then think that somehow they are getting ahead if they get a 1-2% pay raise.